Showing 1 - 10 of 113
China is a fascinating country in Asia, the second-largest economy in the world, with incredible economic growth and development in the last two decades. In addition, China has dramatically enjoyed a disciplined and successful financial integration with the region and the world in the same...
Persistent link: https://www.econbiz.de/10012296075
The aim of the article is to verify the convergence process of the Central and Eastern Europe (CEE) (CEE10) countries … economic integration and convergence as well as business environment and growth. The study methods applied in in the article …10 and EU15 countries were developing in accordance with the convergence hypothesis. The impact of economic integration …
Persistent link: https://www.econbiz.de/10012021613
Two of the most common measures adopted by the government to stimulate the economy are increasing government borrowings and implementing tax cuts. These tax cuts are financed through increased debt. According to the Ricardian equivalence theory, the consumers will not change their current...
Persistent link: https://www.econbiz.de/10012296111
This paper investigates the effects of macroeconomic uncertainty on economic growth in the presence of fiscal consolidation in South Africa. Markov-switching dynamic regression (MSDR) and time-varying parameter vector autoregression (TVP-VAR) were performed using time series data from 1994 to...
Persistent link: https://www.econbiz.de/10014318263
This paper investigates the impact of fiscal policy on private consumption and labor supply in the UK economy using … considers fiscal variables such as government expenditure and net tax revenue and evaluates their impact on private consumption … spending on private consumption and a positive effect on hours worked, as people tend to work more hours to maintain the same …
Persistent link: https://www.econbiz.de/10012021597
This paper investigates the impact of the money supply in different states of inflation and economic growth in South Africa from 1990 to 2021. The term "states" defines periods of low and high rates of economic variables of interest. Markov-switching dynamic regression (MSDRM) and time-varying...
Persistent link: https://www.econbiz.de/10014230763
This study inspects if there is greater convergence with Germany amongst the Eurozone founding members and if their … by the optimum currency areas (OCA) framework. To some extent, the findings could signify if real convergence has been … conditions across the states have improved and converged after unification. In some convergence aspects, findings suggest …
Persistent link: https://www.econbiz.de/10011499412
Empirical studies of the global liquidity spillover on Indonesia's economy are still relatively limited. Most of the global contagion literature on Indonesia's economy focuses only on the effects of real shock (on output) due to financial shock. We assert that the effect of global output on...
Persistent link: https://www.econbiz.de/10012799838
The focus of this paper is to examine potential impacts of fiscal and monetary policies on stock market performance in Poland. Applying the GARCH model and based on a sample during 1999.Q2 to 2012.Q4, this paper finds that Poland’s stock market index is not affected by the ratio of government...
Persistent link: https://www.econbiz.de/10010227857
This study examined South Africa's economic growth rate from 1980 to 2022 through an econometric analysis of fiscal and monetary policies. The study sought to investigate the relationships between the economy's growth rate and various fiscal and monetary policy variables, taking into account...
Persistent link: https://www.econbiz.de/10015073503